TradingYoda64

Bitcoin towards 48k?

Long
TradingYoda64 Updated   
BITSTAMP:BTCUSD   Bitcoin
Beautiful symmetrical triangle forming on the 4h. Probably going to break upwards towards our next big resistance around 48k.
Comment:
Price action looks dangerous for long setups. Daily still looks good. We have to see how the candles behave to determine further actions.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.